Quote from: metalbean on October 25, 2016, 01:45:16 AM

Quote from: raphma on October 24, 2016, 07:53:09 PM

Quote from: metalbean on October 24, 2016, 02:50:52 PM

If the Ripple platform actually owns so many XRP, wouldn't the price be prone to speculation/control?

yeah, definitelly.
But xrp have been closing big deals so why would they dump? the banks interested in xrp isn't speculation. i'm still a believer.

The big banks and boys interested are essentially creating a new monopoly, no? One of the reason we want to abandon fiat is because someone controls it.

Precisely! Any currency that is "controlled" by a selected entity will be manipulated to benefit that entity at the end of the day.
No to centralised currencies!